GCMAsia - AUDUSD
AUDUSD
2018-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 0.7690 | H4 |
| Support | 0.7635 | H4 |
AUDUSD, H4: AUDUSD remains traded within a descending channel following prior rebound from the bottom level. MACD histogram which illustrate the formation of golden cross signal suggests the pair to extend its upside bias after closing above the target of 20-MA line (red) and 0.7690.
Resistance level: 0.7690, 0.7740
Support level: 0.7635, 0.7585